Drilling

In one contract, Talos Production Inc. awarded the West Vela a drilling contract with an estimated duration of 150 days in the U.S. Gulf of Mexico.

SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6 km section to be drilled in autonomous control mode. Over a five-well program, a 60% increase in rate of penetration was achieved, resulting in faster well delivery while reducing cost and carbon emissions.

The expected gain from the well is up to 8 MMboe, of which ca 80% is natural gas.  This well is drilled into the Jurassic with good reservoir properties, however with a wide range of subsurface outcomes with respect to volume.

President and Chief Executive Officer Anton Dibowitz said, “The contract awards for VALARIS DS-4 and VALARIS DS-16 are great examples of how we are executing on the operating leverage inherent in our business, with day rates transitioning from legacy rates in the low $200,000s to market rates. We are also beginning to see early signs of a recovery in the North Sea jackup market from 2025, as evidenced by several awards at improving day rates.”

The contract is anticipated to commence late in the fourth quarter 2024, following completion of the rig’s current contract with Petrobras, which is expected to finish in September 2024.

Tackling scope one emissions from oil and gas operations requires innovative, purpose-built technologies that are economic and scalable. By incorporating a combination of advanced technologies such as engine management, fuel enhancing additives, traditional highline power sources, and energy storage systems into drilling operations we can effectively reduce scope one emissions from operations. We will showcase our comprehensive portfolio of drilling technologies, designed to reduce carbon emissions and fuel costs across the globe, regardless of rig type.

Prime Mapping is a tubular field service carried out before running-in-hole that provides actual casing and tubing data enhancing drilling and completion operations. Prime Mapping can be run on the rig floor or at the yard by Vallourec trained technicians at any time, for tubulars from any supplier. The data is obtained using a portable device called In-Pipe Rover which uses laser and/or ultrasound technology. Prime Mapping provides full-length internal diameter (ID), wall thickness (WT), and outside diameter (OD) map with thousands of data points per pipe, providing calculated ovality, eccentricity, out-of-roundness, bore and metal volume. This actual geometric data is essential for packer setting and cement displacement, and mitigates casing wear while drilling, as it allows operators to optimize their casing and tubing strings before running, thus obtaining higher downhole performance. By performing the service in any field, Prime Mapping saves time, costs, and CO2 emissions for operators who no longer need to send pipes back to UT benches.

Join our expert, Mahmoud ElGizawy, to learn how automated survey management solutions can allow operating companies and service providers to access the most advanced directional survey correction algorithms to optimize drilling applications in real-time by providing accurate wellbore positioning data. This allows timely correction to the wellbore trajectory without requiring additional tools or onsite personnel. The automated survey solutions maximize reservoir production by accurately placing the well in the planned spot while avoiding collision with other wells in close proximity.

Mud gas and cuttings analysis remains at today the only direct measurement of, respectively, the reservoir fluid and rock, until a PVT sample and a core are available for laboratory analysis. Surface logging data is an attractive solution for the client to take real-time decisions as they are available while drilling, on a continuous basis and at relatively low cost. Nowadays the accuracy and quality of the surface logging data has reached a level comparable to more sophisticated downhole tools thanks to the technological evolution, processes automation and innovative digital workflows. In this presentation we will describe how Artificial Intelligence and Machine Learning models and ground-breaking algorithms permit a more quantitative and objective approach to determine lithology classification, enhance the accuracy of the mud gas data even in extreme drilling conditions and enable predicting fluid properties while drilling.

A company has developed a novel sensor technology to overcome direct measurement of load using strain gauges that allows for accurate measurement of strains in a wide measuring range, as part of a subsea wellhead integrity monitoring system.

Wild Well Control says operators should consider environmental concerns during well planning, including location, access points, proximity to water, and other issues that can make a difference between an expedited, efficient and safe blowout scenario and one that is complicated, costly and dangerous.

Mitigating or controlling the outcome of significant unknowns is most effective when done from the very beginning to ensure that coiled tubing is the right technology for the application. The feasibility study is, therefore, arguably the most important stage in project planning.

The search for new energy sources has focused renewed attention on reducing costs and improving drilling efficiency. One company is conducting scientific research to launch innovative technologies to address the challenge.

Comprehensive new logging services focus on enhancing subsurface insight, optimizing drilling performance and ensuring consistent well delivery, to help operators minimize cost and risk while maximizing asset value.

Drilling automation is revolutionizing the way our industry approaches well construction. In this webcast, subject-matter experts will discuss current expectations within the oil and gas industry for these digital systems and solutions. They will examine some of the ongoing applications of this technology and what to expect moving forward. This discussion will also include an exclusive look at results from the first-ever application of automated reservoir navigation. Following the presentation, the speakers will answer your questions regarding the current state of drilling automation and its potential to transform our industry.

Advances in drilling technology increasingly require collaboration by traditional drilling players with partners outside the core of the oil & gas industry. Identifying who can provide the missing innovation pieces – whether it is a technology company to develop software for an advanced exploration system, or an academic researcher with expertise in an obscure chemical discipline – is a critical step for innovation in drilling. Join PatSnap to learn how connected innovation intelligence tools and techniques can be used to empower the drilling industry to discover and collaborate with the best possible partners.

Join Schlumberger’s Vera Wibowo and Jean-Michel Denichou as they discuss the latest advancement in geosteering services with the PeriScope Edge, a recently introduced deep resistive LWD technology. The pair discuss how geosteering has become a fundamental part of modern field development, where simple geometric target drilling could result in far less than optimal recovery and increased non-productive time.

During this 60-minute live webcast, we will discuss the following topics: 1)“Well Construction Autonomous Systems”, with presenter, Gilles Vié, Well Construction Product champion RSS, Schlumberger. 2)“Reduce Well Construction Risks via Accurate Peer Based Performance Tracking”, with presenter, Amitt Mehta, CEO, Moblize.

Faster, cheaper, safer, better. Whether drilling onshore or offshore, these four words represent the challenges and currency of success for any drilling operation. As the industry continues to see new records for faster ROP and reduced NPT, an exciting challenge of consistency within drilling performance and digitalization of the drilling value chain remain. Our industry experts will explain how our clients across continents and basins, sizes (small and large) have benefited from increased speeds of well delivery, consistency in high drilling performance and simplified well design automation. These key outcome metrics were achieved without adding organizational and technical implementation complexities, which are important pillars for seamless adoption across multi-faceted disciplines within organizations.

During this 60-minute live webcast, we will discuss the following topics: 1) “Allegro Casing and Liner While Drilling Services”, with presenter, Hesham Darwish, Drilling Tools Business Development Manager, Schlumberger. 2) “Reducing Costs, Improving Efficiency and Eliminating Invisible Lost Time in the Tubular Running Process”, with presenter, Brad Kwasnycia, Director, Sales and Marketing, Volant. 3) “Clearing Up the DUCs: Evaluating Schedule Scenarios for Intensive Completion Activity”, with presenter, Owen Plowman, Vice President, Actenum Corporation.

During this 60-minute live webcast, we will discuss the following topics: 1) “Blade Family – 3DC Cutter Technology”, with presenter, Wiley Long, Product Champion, Schlumberger. 2) “The Same Drift Monodiameter Clad/Liner System in Solving Drilling and Well Infrastructure Challenges”, with presenter, Matthew Godfrey, Lead Project Engineer, Enventure Global Technology.